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Sunday, July 10, 2016

Land, land everywhere in Phoenix but not a lot to build on

Metro Phoenix is running out of land — land ready for new homes, that is.

There are, of course, thousands and thousands of acres of vacant land in metro Phoenix. But as new-home sales continue to rebound in the Valley, the supply of lots prepped and ready for houses is shrinking to the lowest level in many years.

Read more... http://www.azcentral.com/story/money/real-estate/catherine-reagor/2016/07/07/land-land-everywhere-phoenix-but-not-lot-build/86773988/

Reuters: Business News

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